Supplier/Vendor Management Challenges iSupplier Portal – Closed loop supplier management 1 How can we address critical issues managing your suppliers iSupplier Portal= Supplier Communication+ Automate Supply chain + Remove pain areas

Pain areas in Supplier/Vendor management 2 Processing Purchase orders manually to suppliers/vendors or from ERP Key critical areas in procurement process Tracking goods/services delivery in appropriate time Processing invoices from suppliers/vendors Tracking supplier queries- for invoice processing, payments processing, remittances advice Managing supplier information up to date Manage paper based purchase orders/invoices every year- Purchase manager Key issues people faces while managing procurement process Tracking invoice processed/payment status for suppliers– Accounts receivables Validating supplier data multiple times in a year to keep up to date – Supplier manager Handle supplier queries regarding invoice & payables- Support Frequent communication to track deliveries in proper time- Procurement manager Manage storage space (hard drives, equipments) to record paper based supplier documents- Administrator iSupplier Portal – Closed loop supplier management

3 TCO shoots up every year– Why? This might look like a sales pitch but in reality, 15% to greater than 20% of a companies' operating revenue is spent on establish proper supplier communication Payment reconciliation- Issue tracking supplier payments Communication- Supplier/vendor communication issue for invoices & payables Order Delivery- No firm process in sharing delivery information by suppliers in REAL-TIME Manual process: Manually manage purchase orders/supplier invoices/supplier information iSupplier Portal – Closed loop supplier management

Did you know ?? 1. Average time company spend to process PO to suppliers/vendors manually is 10 minutes 2. Company spend around £20K per year just to process purchase orders 3. Average cost a company spent to handle supplier/vendor queries to track invoices and payables is more than £15K 4. Company spend around £10K per year to process supplier payment remittance advices 5. Many organizations spend a considerable amount of resource cost to update supplier/vendor master information (£3K ) 6. Companies spend around £15K every year to track goods/service deliveries due to lack of sharing delivery information by suppliers/vendors 7. Perhaps the most important cost by company is to manage storage space by a hefty amount of £9K per year 8. Managing supplier data impacts a company operation 20% of the time 9. Lack of information triggers operation cost by a staggering 45% annually 10. On top of the above stats, lack of accessing information on the move by higher authorities cost 20% on the operation cost 4 iSupplier Portal – Closed loop supplier management

iSupplier Portal- Supplier-Company Co-ordination Graph shows the share of reasons how iSupplier Portal can help to manage Supplier/vendor management Effective collaborative tool between companies and suppliers Purchase orders Process purchase orders to suppliers electronically in iSupplier Portal Integrate with existing ERP application to fetch PO directly Supplier Invoices Electronically process supplier invoices for purchase orders iSupplier Portal Post invoices to ERP automatically from the application Supplier/Vendor queries 24*7 real-time information availability Complete information sharing for supplier invoice & payments status in iSupplier portal Supplier/vendor master information Supplier self-service to update their information directly from iSupplier Portal Removes manual errors or engagement of company resources to update information Goods/Services delivery Real-time information sharing on shipment status from suppliers Post all delivery information to ERP from iSupplier Portal Payment reconciliation Track all payables with invoices& PO electronically from iSupplier Portal Automatically post all transactions to ERP from the application iSupplier Portal – Closed loop supplier management

iSupplier Portal- Modules 6 Invoice processing Supplier can create an invoice directly from iSupplier portal Electronically manage supplier invoices within the application Dashboard & Reports Graphical representation of purchase process within the company Quick information about supply chain process Electronic document filing Feasibility to store invoices/purchase orders/remittance advices electronically Removes paper based documents Supplier/ Vendor master Supplier self-service portal to directly access and update their details 100% accurate information for supplier compliance Supplier queries Company can handle and response to multiple supplier enquiries in real-time Suppliers can access information 24*7 for their invoice/payments status Goods/ Services delivery Suppliers can share delivery information Organization can track deliveries in real- time Purchase orders PO are electronically processed in the application Purchase orders are directly pulled from ERP (Sage/Oracle) applicable to the logged in user ERP Integration (Sage/Oracle) Integrates with ERP to pull critical information directly (PO, Suppliers Automatically post all transactions to ERP Purchase order processing iSupplier Portal – Closed loop supplier management

iSupplier Portal- Benefits 7 iSupplier Portal Implementation Supplier can share information Reduce manual errors Electronic filing Information access Supplier self-service portal to minimize any miscommunication Effective reporting tool for complete Supplier/vendor management 24*7 Real-time information- Speeds up all process of supply chain Helps in reducing delivery lead times & inventory level Transparent information flow Operational efficiency Track goods/service deliveries Reduce storage cost (hard drives, equipments) for paper documents by moving electronically Allows companies & vendors to share information using effective technology More time for sales/purchase department to focus on strategic issues iSupplier Portal – Closed loop supplier management